Which action describes depositing a check at a bank?

Which action describes depositing a check at a bank?

• A. Depositing a check at a bank.
• B. Withdrawing cash from an ATM.
• C. Writing a check to a merchant.
• D. Paying a bill online.

Answer: (A)

Depositing a check at a bank means adding funds to your account by presenting the check so the bank credits your balance. The bank processes the check and increases your available funds, though there may be a hold or processing time before the full amount is available. This is different from withdrawing cash from an ATM (which takes money out of your account), writing a check to a merchant (which pays someone else from your balance), or paying a bill online (an electronic transfer to a payee).

Depositing a check at a bank means adding funds to your account by presenting the check so the bank credits your balance. The bank processes the check and increases your available funds, though there may be a hold or processing time before the full amount is available. This is different from withdrawing cash from an ATM (which takes money out of your account), writing a check to a merchant (which pays someone else from your balance), or paying a bill online (an electronic transfer to a payee).